Family unable to sell Wausau home allow it to go into foreclosure

Dec. 26, 2013

Joe and Jennifer Wiater sort through mortgage and foreclosure documents, while son, Nathan, checks out what is on the television, at their duplex in De Pere. / H. Marc Larson/Press-Gazette Media

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Joe and Jennifer Wiater tried for a year and a half to sell their Wausau home after Joe lost his job. Unable to sell it and with a smaller income, they decided to let it go into foreclosure.

Recent data released by the U.S. Census Bureau shows that Wisconsinís home ownership rate continued to inch downward even after the recession ended, dropping 1.4 percentage points from 2010-2012 ó compared to the prior three-year period from 2007-2009.

During that span, at least half of all Wisconsin counties saw a drop in home ownership in the recessionís aftermath, even as home sales and prices rebounded in much of the state.

Watch the video above on the Wiaters and read more about the Wisconsin housing market this weekend.

Interactive map: Homeownership in Wisconsin

Enter here to see how homeownership rates changed in Wisconsin from 2007-09 to 2010-12. Data is from the U.S. Census Bureau and includes only counties with a population of 20,000 or more.